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Banking & Finance · United States

Citigroup layoffs

We've tracked 2 rounds of Citigroup layoffs between Jan 2024 and Jan 2026, affecting 21,000 people in total. None of these cuts were publicly blamed on AI. Headcounts are what was reported at the time, and some may have changed since.

People affected

21K

Across tracked announcements

Announcements

2

Jan 2024 → Jan 2026

AI-attributed

0%

Of affected people

Every tracked announcement

  1. −1,000

    The cuts form part of a multi year overhaul under chief executive Jane Fraser that targets 20,000 roles.

    About the figure: Reported by Bloomberg News citing people familiar with the matter.

    Source: Reuters (via WSAU)

  2. −20,000(10% of workforce)

    Citigroup said it would shed about 20,000 roles over the medium term as part of a corporate overhaul led by chief executive Jane Fraser.

    About the figure: Cuts are spread over the medium term, which the bank has used to mean three to five years.

    Source: CNBC

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Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.